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Azteca Group
In this Group: Jessica, Teresa, Claudia, Sandra, Gladys, Catalina, Elena, Estrella, Lidia, Gloria, Danitza, Patricia, Ana, Eliada, Johanna, Claudia, Johana, Juana, Maria, Alejandra
The village bank called "Azteca" is made up of 20 entrepreneurs who work in different fields, among them: clothing sales, sewing, business, warehouses, selling firewood and coal, selling bread and other things. They all live in the city of Temuco.

One member is Jessica, who is pictured standing in the first row on the far left wearing a brown jacket and black pants. She wears glasses and her hair is light brown and worn down.

Jessica is a merchant; specifically, she has been selling clothing for three years. She works at home Monday through Friday and her schedule changes with her availability, as she is a mother of young children. She goes to buy her merchandise in the city of Santiago for a better price which makes it economically convenient. With the loan she will buy clothing for women, men, children and infants in different sizes and styles.

One of Jessica's business goals is to have a store where she can attend to her customers so that she can make more money and have a better quality of life.

Jessica lives with her husband, who is a bank teller, and her two daughters, ages 6 and 3. Her dream for her family is to be able to own a home to give her children a good place to live. She is very happy and thankful for the opportunity given to her by Fondo Esperanza because it will allow her to invest in her business. She says that the trainings have been important for her business and also for her personal development because she learned to organize and distribute her income and investments better.

Temuco is the capital of the region of Araucania. The city is 670 km south of Santiago (Chile's capital). On the outskirts there are a series of lakeside resorts (Pucon, Villarica) and striking native flora and fauna concentrated in the nearby natural parks. Half of the Mapuche people, an indigenous group in Chile, live in this region.
View original language description ↓
Este Banco Comunal se llama “Azteca” está conformado por 20 emprendedores que se dedican a diferentes rubros, entre los cuales se encuentran; venta de ropa, costuras, negocios, almacenes, venta de leña y carbón, venta de pan amasado, servicios entre otros. Todos pertenecientes a la ciudad de Temuco.
Jessica integrante del grupo del Banco Comunal, quien en la foto se encuentra de pie en primera fila , ocupando el primer ligar de izquierda a derecha, viste una chaqueta de color café y pantalones de color negro, usa lentes y su cabello es de color castaño claro y lo usa suelto.
Ella se dedica al rubro del comercio, específicamente a la venta de ropa, desde hace 3 años. Comenta que trabaja en su casa de lunes a viernes y su horario lo distribuye de acuerdo a su disponibilidad ya que sus hijos son pequeños.
La mercadería que va necesitando la compra en la ciudad de Santiago a bajo costo, por lo tanto conveniente económicamente.
Con el crédito comprará ropa de damas, hombres, niños y bebes de diferentes tallas y modelos.
Una de las metas de Jessica en su negocio son tener un local donde pueda atender a su clientela, para generar mayores ingresos, así con esto optar a una mejor calidad de vida.
Jessica vive junto a su esposo quien se desempeña como cajero, y 2 hijas de 6 y 3 años de edad. Sus sueños a nivel familiar es poder tener su casa propia para darle un buen pasar a sus hijos.
Ella está muy contenta y agradecida de la oportunidad brindada por Fondo Esperanza, ya que le permitirá invertir en su negocio. Comenta que las capacitaciones han sido fundamentales para su negocio y también para su desarrollo personal, ya que ha aprendido a organizar y distribuir de mejor manera sus ingresos ye inversiones.
Temuco es la capital de la región de la Araucanía. La ciudad se ubica a 670 kilómetros al sur de Santiago (capital de Chile). En sus alrededores se ubican una serie de balnearios lacustres (Pucón, Villarrica) y una flora y fauna nativa muy llamativas, concentrada en parques naturales cercanos. Cabe destacar que en esta región habita el 50% de los mapuches, pueblo indígena, existente en nuestro país.

Additional Information

About Fondo Esperanza

Fondo Esperanza (FE) is a private non-profit organization that supports entrepreneurship by providing micro-credit and training to people living in poverty in well over 100 cities throughout Chile. By providing these services, FE aims to improve the living conditions of the entrepreneurs and their families. In 2010, FE provided loans to more than 41,000 entrepreneurs. It utilizes a communal banking model in which groups of 18 to 25 clients meet on regularly and guarantee each other’s loans. The members use their portion of the loan to create or expand their own businesses. In the group meetings, clients receive training though the FE Entrepreneurship School, which enhances clients’ personal and business skills and ability to work in groups.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Chile

  • $14,900
    Average annual income
  • 0
    View loans »
    Chile Loans Fundraising
  • $2,552,775
    Funds lent in using Kiva
  • 487.0
    Chile Pesos (CLP) = $1 USD

Success!! The loan was 100% repaid

A portion of Azteca Group's $7,100 loan helped a member to buy women's, men's, children's and infants' clothing in different sizes and styles.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 12, 2012
Listed
Jul 24, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012